The company’s current paid-up capital of Rs. 2.80 Arba provides the base for this distribution. The proposed dividend will now be forwarded for regulatory approval to the Nepal Insurance Authority and will also require ratification at SPIL’s upcoming Annual General Meeting (AGM).
What this means for investors
For retail and institutional investors eyeing dividend income, the announcement positions SPIL among attractive insurance dividend stocks in Nepal. While the exact dividend yield depends on the market price at record date, the company’s closing share price at the time of this report was Rs. 714.00.
Key takeaways
- Company: Siddhartha Premier Insurance Limited (SPIL).
- Dividend proposal: 25% cash dividend (including tax).
- Dividend amount: Rs. 70.16 Crores.
- Board meeting: 44th meeting on Mangsir 25.
- Paid-up capital: Rs. 2.80 Arba.
- Next steps: Approval from the Nepal Insurance Authority and endorsement at the AGM.
- Share price (close): Rs. 714.00 (as of writing).
Why this matters for the Nepal insurance sector
Announcements like this signal corporate confidence and healthy capital management within the insurance industry. A proposed cash dividend of this size highlights SPIL’s profitability and its ability to return value to shareholders. It also acts as a data point for analysts evaluating best insurance stocks in Nepal and comparing payout policies across peers.
Investor checklist — what to watch next
Investors tracking this story should monitor:
- Regulatory clearance from the Nepal Insurance Authority.
- Formal dividend approval at SPIL’s upcoming AGM.
- Record date and payment date announcements from SPIL.
- Movement in SPIL share price (currently reported at Rs. 714.00), which will affect the realized dividend yield.
Keep in mind that dividend proposals are conditional until the regulator and shareholders confirm them. Investors should factor in tax treatment, holding period rules, and any upcoming corporate actions (rights issues, bonus shares, etc.) that might affect effective returns.
- Bookmark SPIL announcements to catch the official AGM notice and record date.
- Consult your broker or financial advisor about tax implications and dividend reinvestment strategies.
- Compare SPIL’s dividend with other Nepal insurance stocks when building an income-focused portfolio.
For anyone tracking insurance sector news or looking for strong dividend-paying stocks in Nepal, SPIL’s 25% cash dividend proposal is an important development worth following closely.
Disclaimer
The information provided in this article is for general informational and educational purposes only. It should not be interpreted as financial, investment, trading, or professional advice. Market data, company announcements, ratings, and analysis may contain errors, may change without notice, and should always be verified directly from official filings, regulatory disclosures, and company press releases.
Investing in the share market, IPOs, FPOs, mutual funds, insurance products, or any financial instruments carries inherent risks. Past performance does not guarantee future results. Readers are strongly encouraged to consult a licensed financial advisor, investment professional, or legal expert before making any investment decisions. This website and its authors are not responsible for any financial losses, decisions, or actions taken based on the information provided.
